Thursday, February 14, 2013
Model N Files For $75M IPO
Redwood City-based Model N, which develops enterprise software for managing pricing, contracts, incentives, and rebates for the life science and technology industries, has filed for a $75M IPO. The firm said it is looking to trade as MODN. The IPO is being underwritten by J.P. Morgan, Deutsche Bank Securities, Stifel, Pacific Crest Securities, Piper Jaffray, and Raymond James. Model N is backed by Meritech Capital Partners, Accel Partners, and Accel-KKR.